Category: Business
BTA Releases Q3 2022 Tourism Statistics
The Bermuda Tourism Authority [BTA] has released the third-quarter tourism performance for the period ending September 30, 2022, reporting “signs of continued recovery.” A spokesperson said, “Tourism measures have seen growth over 2021 including figures, including growth from the UK, while traditional air arrivals from the US and Canada... Read more of this article
BMA Launches ‘Deposit It Or Exchange It’
The Bermuda Monetary Authority [BMA] launches its campaign ‘Deposit It or Exchange It’ to remind the public that, from 31 December 2022, they will have one year to deposit or exchange the horizontal Bermuda Dollars legacy banknotes. A spokesperson said, “Effective 1 January 2024, these notes will be retired and no longer have value as legal tender. “Removing... Read more of this article
Island Restaurant Acquires Bolero Brasserie
The Island Restaurant Group [IRG] has acquired Bolero Brasserie, and Jonny Roberts has joined IRG as Corporate Executive Chef. A spokesperson said, “Jonny Roberts, the chef-proprietor of Bolero restaurant for over 15 years, has joined Island Restaurant Group [IRG] as Corporate Executive Chef. “IRG owns Barracuda Grill, Hog Penny, Pickled... Read more of this article
Chamber To Host Christmas Wine Fest On Dec 1
The Bermuda Chamber of Commerce will be hosting a “Christmas Wine Fest” event on Thursday, December 1st. A spokesperson said, “The event will take place at The Bermuda Society of Arts [City Hall Arts Centre] from 5:30-7:30 pm and, will feature nine of Bermuda’s leading wine distributors. The distributors involved in Wine Fest are – BDA... Read more of this article
Shipping Schedule: Week Starting November 11
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Friday November 11th. On Friday the Insignia cruise ship is expected, on Sunday the Norwegian Pearl cruise ship will arrive, and on Monday the Oleander container ship and the Sirena cruise ship is scheduled to arrive. On Tuesday the... Read more of this article
PartnerRe Declares Preferred Shares Dividend
PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period September 15, 2022 – December 14, 2022 of $0.3046875 per share on the Company’s 4.875% Fixed Rate Non-Cumulative Redeemable Preferred Shares, Series J. The dividend is payable on December 15, 2022 to shareholders of record on November 30, 2022. Related Stories PartnerRe... Read more of this article
MWI Thanks Markel Bermuda For Donation
The Mid-Atlantic Wellness Institute is thanking Markel Bermuda Limited for its donation to their services. A spokesperson said, “Bermuda-based Markel Bermuda Limited has long held that good mental health is vitally important. In fact, a gift from the insurance giant to Bermuda Hospitals Board’s [BHB] Mid-Atlantic Wellness Institute [MWI] during... Read more of this article
Seasonal Closure: 1609 Restaurant & Marina Bar
1609 Restaurant & Marina Bar will be accepting dining reservations through November 20 before closing for the season. A spokesperson said, “As a part of Hamilton Princess & Beach Club’s seasonal restaurant closure, 1609 Restaurant & Marina Bar will be accepting dining reservations through November 20th. “Lunch and dinner will... Read more of this article
Bermuda Stock Exchange Report: Nov 10 2022
November 10 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,332.38, even on the day. There were 0 advances, 0 declines, and 68 remained unchanged. The full report for the day is available here [PDF], and the full report for the week is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Jan 15 2026 Bermuda... Read more of this article
BSX Closed For Remembrance Day Holiday
The Bermuda Stock Exchange [BSX] will be closed on Friday [Nov 11], in observance of the Remembrance Day Public Holiday. A spokesperson said, “The Bermuda Stock Exchange [BSX] advises that the BSX will be closed Friday, 11 November 2022, in observance of the Remembrance Day Public Holiday. “The BSX will re-open on Monday, 14 November 2022.” Related... Read more of this article
PartnerRe Report Loss For 2022 Third Quarter
PartnerRe Ltd reported net loss attributable to common shareholder of $387 million for the third quarter of 2022, compared to income of $70 million for the same period of 2021. A spokesperson said, “Net loss attributable to common shareholder was $1,533 million for the first nine months of 2022, compared to income of $317 million for the same... Read more of this article
Ariel Re Joins Bermuda Chapter Of ISC
Ariel Re, a Bermuda-based reinsurance business with offices in Bermuda, London and Hong Kong, has announced it has joined the Bermuda chapter of the Insurance Supper Club [ISC], an organisation set up to support the retention and development of women working in the insurance industry. A spokesperson said, “ISC was set up in the UK in 2008 in response... Read more of this article
